Demonstrate knowledge of stock ordering and stocktaking in the motor

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Demonstrate knowledge of stock ordering and stocktaking in the motor or related industries

Level 3

Credits 3

Purpose This theory-based unit standard is for people in the motor or related industries who are required to carry out stock ordering and stocktaking as part of their duties. People credited with this unit standard are able to demonstrate knowledge of inventory control procedures, stock ordering, and stocktaking duties in the motor or related industries.

Subfield Motor Industry

Domain

Status

Status date

Date version published

Automotive Administration

Registered

21 September 2007

21 September 2007

Planned review date

Entry information

31 December 2011

Open.

Replacement information

Accreditation

This unit standard and unit standard 22786 replaced unit standard 387.

Evaluation of documentation and visit by NZQA and industry.

Standard setting body (SSB) NZ Motor Industry Training Organisation (Incorporated)

Accreditation and Moderation Action Plan (AMAP) reference 0014

This AMAP can be accessed at http://www.nzqa.govt.nz/framework/search/index.do

.

Special notes

Legislation relevant to this unit standard includes but is not limited to

– Carriage of Goods

Act 1979; Consumer Guarantees Act 1993; Resource Management Act 1991.

New Zealand Qualifications Authority 2020

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Elements and performance criteria

Element 1

Demonstrate knowledge of inventory control procedures in the motor or related industries.

Performance criteria

1.1 Methods used to determine stock levels are defined.

Range includes but is not limited to – computerised inventory, stock count; may include manual inventory records.

1.2 The function of inventory records and methods of locating stock are described.

Range includes but is not limited to – stock numbering systems, location codes, stock layout.

Element 2

Demonstrate knowledge of stock ordering in the motor or related industries.

Performance criteria

2.1 Information is sourced to ensure accurate ordering of stock is identified.

Range includes but is not limited to

– sales history, lost sales, seasonal selling trends, stock level, stock type, quantity required, source of supply.

2.2 Factors to take into account when sourcing from a supplier are identified.

Range includes but is not limited to

– lead time, price, quality, minimum order quantity, freight costs.

2.3 Reasons for a purchase authority are identified.

Element 3

Range includes but is not limited to – verification of costs, audit trail.

Demonstrate knowledge of stocktaking duties in the motor or related industries.

Performance criteria

3.1 The purpose of stocktaking is explained.

Range includes but is not limited to – financial, supply and demand, stockturn efficiency, security, legislative requirements.

New Zealand Qualifications Authority 2020

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3.2 Methods of stocktaking are identified.

Range includes but is not limited to – continuous cycle, annual, random.

Please note

Providers must be accredited by NZQA, or an inter-institutional body with delegated authority for quality assurance, before they can report credits from assessment against unit standards or deliver courses of study leading to that assessment.

Industry Training Organisations must be accredited by NZQA before they can register credits from assessment against unit standards.

Accredited providers and Industry Training Organisations assessing against unit standards must engage with the moderation system that applies to those standards.

Accreditation requirements and an outline of the moderation system that applies to this standard are outlined in the Accreditation and Moderation Action Plan (AMAP). The

AMAP also includes useful information about special requirements for organisations wishing to develop education and training programmes, such as minimum qualifications for tutors and assessors, and special resource requirements.

Comments on this unit standard

Please contact the NZ Motor Industry Training Organisation (Incorporated) janet.lane@mito.org.nz

if you wish to suggest changes to the content of this unit standard.

New Zealand Qualifications Authority 2020

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